Author Archive: Jeremy Parkinson
At A Trillion Dollars, Apple Is Still Undervalued
Last week, Apple (Nasdaq: AAPL) became the first US company to cross the $1 trillion valuation. It was a close race to the trillion dollar club. Here is the Bloomberg chart that shows how close the race was between Apple, Amazon, Alphabet, and Microsoft. Apple’s Financials Apple’s third-quarter revenues grew 17% over the year to $53.3 billion, […]
Update On Owens & Minor Inc.: An Undervalued Speculation Or A Value Trap?
Introduction Owens & Minor Inc. reported earnings yesterday and simultaneously revised their 2018 earnings outlook lower. As fate would have it, I produced an article and a video where I highlighted 12 undervalued dividend growth research candidates which included Owens & Minor. When I produced the video, the FAST Graph fundamentals analyzer software tool was […]
Bond Market Is Headed Down A Dangerous Road
Bond Market Faces Headwinds: A Lot Of Uncertainty Ahead The bond market shouldn’t be ignored. It could be heading toward immense trouble, and that may create a lot of uncertainty in the coming months and quarters. You see, investors at times ignore bonds, thinking that the market doesn’t impact them whatsoever. Don’t be one of […]
E Forex Analysis Of USD/JPY For Thursday, August 9
First, we look into the previous day trade and what happened on August 8, 2018, and it opened at 111.369 and the USD/JPY pair went high at 111.430 and gone low 110.829 and finally closed at 110.976. The calculated pivot point for the day is 111.278. The difference between high and low was nearly 0.601 […]
July Producer Price Index: Core Final Demand Up 0.1% MoM
Today’s release of the July Producer Price Index (PPI) for Final Demand came in at 0.0% month-over-month seasonally adjusted, down from last month’s 0.3%. It is at 3.3% year-over-year, down from 3.4% last month, on a non-seasonally adjusted basis. Core Final Demand (less food and energy) came in at 0.1% MoM, down from 0.3% the […]
Oil Analysis: Extending To The Downside
Oil short-term Elliott wave analysis suggests that the bounce to $70.44 high ended in an intermediate wave (2). The internals of that bounce took place as Elliott wave double correction where Minor wave W ended in 3 swings at $69.92. From there, the pullback to $68.26 completed the Minor wave Xin 3 swings. Then a bounce higher to $70.44 […]
E Raising Money In Canada
News that venerable US blue-chip AT&T plans to raise money in Canadian markets has led me to look into Mounty preferreds. Canada specializes in floating rate and rate-reset preferred shares which shelter buyers from the impact of higher interest rates. FR preferreds payouts rapidly move with overnight interest (or prime) rate as set by the Bank of […]
What Next After The Recent GBP/USD Sell-Off?
In June 2014, the GBP/USD pair reached a high of 1.7185. After that, the pair started moving down, with the descend accelerating in June 2016 after the Brexit vote. Yesterday, the pair continued to move lower, reaching a low of 1.2840, the lowest level since August last year. The current descent is because of the […]
Sterling Slips On Brexit Worries
The world had a taste of how the markets would react to the UK leaving the EU immediately after the referendum on 23/6/16 – Sterling fell heavily against all other major currencies. It is still significantly lower than it was (pre-vote) as investors in forex try to digest the political and other fundamental news that […]
Bulls Snapped A Four Day Win Streak
My Swing Trading Approach Yesterday the market took a much-needed break, but overall it is still running hot over the past week. I am a bit light on my end, so I’ll likely look to add more long exposure today, if the market conditions will afford me the opportunity. Indicators Volatility Index (VIX) – Down five […]
